{"id":578400,"date":"2024-09-20T05:27:59","date_gmt":"2024-09-20T05:27:59","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=578400"},"modified":"2024-09-20T05:27:59","modified_gmt":"2024-09-20T05:27:59","slug":"trending-cryptocurrency-tokens-on-avalanche-chain-today-lode-token-dogwifhat-shraptoken","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/trending-cryptocurrency-tokens-on-avalanche-chain-today-lode-token-dogwifhat-shraptoken","title":{"rendered":"Trending Cryptocurrency Tokens on Avalanche Chain Today \u2013 LODE Token, Dogwifhat, SHRAPToken"},"content":{"rendered":"

Following Worldcoin’s ID launch in Poland, WLD experienced an immediate price surge, with the token rallying nearly 10% on Wednesday. Meanwhile, since incorporating Bitcoin into its financial strategy in April 2024, Japanese company Metaplanet has witnessed a remarkable stock increase of 443.2%, significantly outperforming other major assets. <\/span><\/p>\n

This sharp rise is primarily attributed to the company’s bold decision to adopt the cryptocurrency standard, which has notably boosted investor confidence and driven demand. Additionally, Cardano’s native token, ADA, is projected to rally to $0.50, according to a crypto analyst, further fueling market optimism. Meanwhile, tokens within specific blockchains have also witnessed rallies. This article curates the <\/span>trending cryptocurrency tokens on Avalanche Chain today<\/a>.<\/p>\n

Trending Cryptocurrency Tokens on Avalanche Chain Today<\/b><\/h2>\n

LODE Tokens are crucial in supporting the LODE Project’s technical and business operations. Meanwhile, Dogwifhat is anticipated to trade between $1.70 and $2.05 this week. Additionally, Shrapnel offers a unique fusion of gaming and blockchain technology, positioning itself as a first-person extraction shooter set in a post-apocalyptic environment. <\/span><\/p>\n

Meanwhile, the Mega Dice presale is rapidly gaining momentum, with over $1.87 million raised so far. As investors react to the long-awaited interest rate cut, Bitcoin has surged to $63,000 in the cryptocurrency market.<\/span><\/p>\n

1. LODE Token (LODE)<\/b><\/h3>\n

LODE Tokens support the LODE Project’s technical and business activities. Holders of these tokens are entitled to a share of the yield generated within the LODE Token Ecosystem and a portion of any profits distributed by the project. It is important to note that these tokens are unbacked assets, meaning they do not confer ownership over LODE’s operations.<\/span><\/p>\n

Currently, LODE Token holders benefit from 10% of the premium earned on selling new AGX and AUX Coins. This premium is 10% of the difference between the sale and spot prices. The tokens accumulate yield from liquidity pools, adding to their value.<\/span><\/p>\n

\"LODE<\/p>\n

Currently, the LODE Token has a live price of $1.818 with a market capitalization of $139.99 million. The 24-hour trading volume is $1.34 thousand, showing a 26.14% increase in the past day. Moreover, the circulating supply is capped at 77 million LODE tokens.<\/span><\/p>\n

In summary, the LODE Token ecosystem presents a structured opportunity for holders to participate in the LODE Project’s financial outcomes. However, it does not provide direct ownership. Recent performance metrics suggest growing interest in the token, reflected in its trading activity and market position.<\/span><\/p>\n

2. Dogwifhat ($WIF)<\/b><\/h3>\n

Dogwifhat ($WIF) is a popular meme coin inspired by a cute dog wearing a hat. It is consolidating within a falling wedge pattern on the daily time frame, suggesting the potential for a breakout. Bulls aim for a strong move from the Point of Control (PoC) value zone, with an anticipated 175% increase. Rising trading volume indicates growing momentum behind the coin.<\/span><\/p>\n

Dogwifhat ($WIF) is a relatively small token with a current price of $0.0000521 and a market capitalization of $32.76K. The total supply is 625.80 million $WIF tokens, all in circulation. This means there is no inflationary risk from additional token issuance.<\/span><\/p>\n

\"$WIF<\/p>\n

The liquidity for $WIF is modest, at $7.36K. Out of the total supply, 70.36 million $WIF tokens are pooled, representing 11.24%. The token is paired with WAVAX, with 134.18 WAVAX pooled alongside it.<\/span><\/p>\n

In terms of trading activity, $WIF saw a 72.49% increase in 24-hour trading volume, reaching $1.25K. The token’s volatility is noted at 0.1709, which suggests moderate price fluctuations.<\/span><\/p>\n

\n

🚨Announcing the #dogwifhat<\/a> Meme Competition🚨<\/p>\n

Over the next 30 days, we are giving you a chance to win up to 10 $AVAX<\/a>!<\/p>\n

To enter the competition, follow the steps below:
✅ Join our TG and follow us on X.
✅ Create an original dogwifhat meme. Remember, we are $WIF<\/a> on $AVAX<\/a>.
✅… pic.twitter.com\/ig2MlWO6Tw<\/a><\/p>\n

— dogwifhat on 🔺 avax (@dogwifavax) September 17, 2024<\/a><\/p><\/blockquote>\n